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Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568

Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568 billion. It had a cost of goods sold of $22.272 billion and EBIT of $8.120 billion. What are the companys gross profit margin, operating profit margin, and net profit margin?image text in transcribed

Problem 4.21 Sandhill reported the following information for its fiscal year end: On net sales of $46.400 billion, the company earned net income after taxes of $5.568 billion. It had a cost of goods sold of $22.272 billion and EBIT of $8.120 billion. What are the company's gross profit margin, operating profit margin, and net profit margin? (Round answers to 1 decimal place, e.g. 12.5%.) Gross profit margin Operating profit margin Net profit margin Click if you would like to Show Work for this question: Open Show Work

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